The Village Realtors Real Estate Market Report

Danville, CA

Single-Family Homes

Tom & Thomy Clements | www.VillageRealtors.com | 510-278-0800



Danville, CA

Wed Sep 26 2018
This week the median list price for Danville, CA is $1,850,000 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has held steady at or around 153. Click here to stay informed with the Danville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Danville, CA

Wed Sep 26 2018
This week the median list price for Danville, CA is $1,850,000 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has held steady at or around 153. Click here to stay informed with the Danville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $1,850,000
Per Square Foot $541
Days on Market 71
Price Decreased 42%
Price Increased 2%
Relisted 14%
Inventory 153
Median House Rent $3,495
Most Expensive $15,500,000
Least Expensive $860,000
Market Action Index
Slight Seller's Advantage
42

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,420,000 5,870 1 - 2.5 acres 5 6 20 2 1 102
$2,194,000 4,324 0.5 - 1 acre 5 4 29 3 3 87
$1,586,500 3,264 0.25 - 0.5 acre 4 3 32 4 4 63
$1,199,000 2,344 6,500 - 8,000 sqft 4 3 38 11 8 33